A New Era in eDiscovery? Framing Market Growth Through the Lens of Six Eras

There are many excellent resources for considering chronological and historiographical approaches to framing the eDiscovery market. This updated approach to framing eDiscovery market growth has been developed around six eras of eDiscovery and is only one of many ways to reflect on market growth over time. It is highlighted to serve as a potential starting point and a stimulus point for thoughtful research, descriptions, and discussions around this established segment of the legal technology market.

An eDiscovery Market Size Mashup: 2020-2025 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software and services slows, the overall size of the market continues to grow with estimates for the overall market to exceed $15.12B in 2025. This year’s annual eDiscovery Market Size Mashup estimates the combined worldwide eDiscovery software and services market spend in 2020 to be approximately $10.89B, growing at a CAGR of approximately 6.79% to $15.12B by 2025.

Resetting the Baseline? eDiscovery Market Size Adjustments for 2020

An unanticipated pandemeconomic-driven retraction in eDiscovery spending during 2020 has resulted in the need to reset the baseline market size for ongoing ComplexDiscovery Market Size Mashup reports. Originally estimated by ComplexDiscovery to reach $12.66B in market size during 2020, revised estimates for the eDiscovery market reflect an adjustment to a newly estimated market size of $10.89B for 2020. This adjustment is a decrease of approximately 14% from pre-COVID 2020 forecasts. This revision also equates to a negative 3.03% growth rate between 2019 and 2020.

Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations

One of the key home (onsite) or away (remote) decisions that business, legal, and IT professionals in the eDiscovery ecosystem are currently having to consider is how they plan for and execute the eDiscovery task of collection in today’s pandemeconomically-impacted new world. From adjusted market sizing to selected task pricing, the following update provides context and considerations that may be helpful for eDiscovery decision-makers as they consider the critical eDiscovery task of collection during 2020.

Revisions and Decisions? New Considerations for eDiscovery Secure Remote Reviews

One of the key revision and decision areas that business, legal, and IT professionals in the eDiscovery ecosystem are currently having to consider is how they plan for and execute the core eDiscovery task of review in today’s new world. From review market sizing to remote review decisions, the following update provides context and considerations that may be helpful for eDiscovery decision-makers as they consider the critical eDiscovery task of review during 2020.

A Macro Look at Past and Projected eDiscovery Market Size from 2012 to 2024

From a macro look at past estimations of eDiscovery market size from 2012 through 2019, and projected estimations of market size for 2020 through 2024, we see strong and consistent double-digit growth rates for the market as a whole as well as for both services and software segments.

An eDiscovery Market Size Mashup: 2019-2024 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software and services slows, the overall size of the market continues to grow with estimates for the overall market to exceed $20B in 2024. This year’s annual eDiscovery Market Size Mashup estimates the combined worldwide eDiscovery software and services market spend in 2019 to be approximately $11.23B, growing at a Compound Annual Growth Rate (CAGR) of approximately 12.93% to $20.63B by 2024.

An eDiscovery Market Size Mashup: 2017-2022 Worldwide Software and Services Overview

Taken from a combination of public market sizing estimations as shared in leading electronic discovery reports, publications and posts over time, the following eDiscovery Market Size Mashup shares general worldwide market sizing considerations for software and services in the electronic discovery market for the years between 2017 and 2022.

An eDiscovery Market Size Mashup: 2016-2021 Worldwide Software and Services Overview

Taken from a combination of public market sizing estimations as shared in leading electronic discovery reports, publications and posts over time, the following eDiscovery Market Size Mashup shares general worldwide market sizing considerations for software and services in the electronic discovery market for the years between 2016 and 2021.

XDD Acquires eDiscovery Business of Zeledon-Castillo

According to Jorge Zeledon-Castillo, CEO at Zeledon-Castillo, “Joining forces with XDD...

SPAC Attack? Cellebrite Moves Toward Becoming a Public Company

According to Adam Clammer, Chief Executive Officer of TWC Tech Holdings,...

Cobra Legal Solutions Receives Investment from Blue Sage Capital

According to Eric Weiner, Partner at Blue Sage, “We are excited...

eDiscovery Mergers, Acquisitions, and Investments in Q1 2021

From Relativity and Reveal to Compliance (System One) and Veristar, the...

A New Era in eDiscovery? Framing Market Growth Through the Lens of Six Eras

There are many excellent resources for considering chronological and historiographical approaches...

An eDiscovery Market Size Mashup: 2020-2025 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software...

Resetting the Baseline? eDiscovery Market Size Adjustments for 2020

An unanticipated pandemeconomic-driven retraction in eDiscovery spending during 2020 has resulted...

Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations

One of the key home (onsite) or away (remote) decisions that...

Five Great Reads on eDiscovery for March 2021

From data breach economics and vulnerabilities to private-equity investments and vendor...

Five Great Reads on eDiscovery for February 2021

From litigation trends and legal tech investing to facial recognition and...

Five Great Reads on eDiscovery for January 2021

From eDiscovery business confidence and operational metrics to merger and acquisition...

Five Great Reads on eDiscovery for December 2020

May the peace and joy of the holiday season be with...

XDD Acquires eDiscovery Business of Zeledon-Castillo

According to Jorge Zeledon-Castillo, CEO at Zeledon-Castillo, “Joining forces with XDD...

Cobra Legal Solutions Receives Investment from Blue Sage Capital

According to Eric Weiner, Partner at Blue Sage, “We are excited...

Corporation Z? Zapproved Releases of ZDiscovery Platform

According to the announcement, Monica Enand, Zapproved Founder and CEO, shared,...

Head in the Clouds? CloudNine Releases Review Updates

According to Tony Caputo, CEO of CloudNine, “CloudNine is 100% dedicated...

A Splash of Optimism? Spring 2021 eDiscovery Business Confidence Survey Results

This is the twenty-second quarterly eDiscovery Business Confidence Survey conducted by...

Cold Weather Catch? Predictive Coding Technologies and Protocols Survey – Spring 2021 Results

The Predictive Coding Technologies and Protocols Survey is a non-scientific semi-annual...

Out of the Woods? Eighteen Observations on eDiscovery Business Confidence in the Winter of 2021

In the winter of 2021, 85.0% of eDiscovery Business Confidence Survey...

Issues Impacting eDiscovery Business Performance: A Winter 2021 Overview

In the winter of 2021, 43.3% of respondents viewed budgetary constraints...